The GeoCash app started back in 2020 and is designed to reward smartphone owners who install the app. In a similar way to NodleCash, you are the middle cog providing the flow of anonymous data (not your personal details).
This data is then shared/purchased with others in the network and you are then rewarded with $GeoDB. Yes, GEO is listed on the crypto markets, currently, for one GeoDB token, you will receive $0.11 as of September 2021.
Over the last year
In this review of the GeoCash app
like all data sharing apps, it does take time to earn, but with GeoCash the more you hold the more you will accumulate. This is how the crypto token has kept people invested and stopped them from dumping their bags, they have provided an incentive for users with weak hands.
The GeoCash App
Available for both IOS and Android devices, once downloaded use our referral code “CENABLER_F2G7XT” to get started. There are a few options you should activate in your smartphone settings and that is your location and allow permissions while idle.
Once installed your smartphone will receive and send the data your smartphone is collecting as you go about your daily routines. The app sends the data to the GeoDB eco-system and creates verified datasets.
These sets of data are then sold off to interested companies or individuals. This happens all the time, but with the GeoCash app
You can earn more rewards if you DO NOT cash out, keep your GeoCash tokens in your wallet and you will be rewarded. As your journey starts the token accumulation is low, but as time goes by more and more GeoCash tokens will start appearing in your wallet.
On sign-up always remember to note down your passphrases and codes so if you lose your smartphone or other devices you can reclaim your wallet and continue where you left off. Over the last 2 months, I have accumulated over 100 GEO tokens. It started slow, but as time went on the hourly updates rewarded more and more!
For Example: If you have 200 GEO or more in your wallet then your rate of data transfer is doubled. So future earnings of GeoCash tokens is x2. Another option would be to buy 200 GEO tokens through the app and start earning at a higher rate instantly.
How To Earn More GeoDB Tokens?
The more travelling you do the more data your GeoCash app will transfer, which results in more accumulated GeoDB tokens. It takes around 30-40 minutes to complete a data transfer, so the more places you visit the more data sent and you receive more.
The GeoDB Token
There is talk about their own blockchain in future updates, this would also boost the price for each token because it would own its blockchain making it much more desirable among avid crypto enthusiasts.
- Referral Code: CENABLER_F2G7XT
- Binance Blockchain BSC (BEP20)
- Ethereum Blockchain ETH (ERC20)
- Polygon (Matic) Blockchain
- BSC Smart Contract: 0xc342774492b54ce5F8ac662113ED702Fc1b34972
- Ethereum Smart Contract: 0x147faf8de9d8d8daae129b187f0d02d819126750
Buying or Selling GeoDB Tokens
Anyone can buy GeoDB tokens because they are live trading on the market, the DEX’s that has liquididty currently is:
You can also sell your
If you wanted to sell your accumulated GeoDB tokens then using the Binance Blockchain (BSC) would be the easiest option. Just transfer your GeoDB tokens to your trust wallet or another hot wallet compatible with BSC BEP20 tokens and sell directly from their and swap for Binance Smart Chain (BSC). Pancakeswap would be our first option, just connect through their website or use the Dapps section in your Trust Wallet.
The GEO Marketplace
The GEO Marketplace is where companies and individuals can purchase the data collected by users. This is to be released on the 8th of October 2021. It gives companies the chance to purchase the data users have shared through the app for research or product/app creation purposes.
There is also a new version of GeoCash being released around October 15th so stay tuned as we update this GeoCash review once we know more.
Is GeoCash A Scam?
No, the GeoCash app is not a scam but could be classed as invasive. Although the app is not harvesting your details they will know where you are, how long it took you from A to B and so on. But, remember all this data is available to companies anyway, so it makes sense to be rewarded for the data your devices picks up and transfers.
The Breakdown Of GeoDB Tokens
- Audited – no
- Token type: ERC20 & BEP20
- Blockchain: Ethereum, Polygon & Binance blockchain
- Number of holders: 5,750
- Max supply of coins: 350,000,000
- Revealed owner: yes
- Contract GeoDB: 0x147faf8de9d8d8daae129b187f0d02d819126750
- Our Rating: 5/10
Final GeoCash Review
Our review of GeoCash is positive and we believe it could greatly increase in value over time. The app does not drain the smartphone
Some reviews of the GeoCash app are negative as they claim personal details are being shared, they do not harvest or transfer any personal details about yourself. All details sent are anonymous so do not be put off accumulating GeoDB tokens because of this. Use our referral code “CENABLER_F2G7XT” and start your GeoCash App journey today!
Have You Been Using The GeoCash App? We want to read your own experience and how many GeoDB you have
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